REG - Auction Technology - Annual Report FY2024 and Notice of AGM 2025

Auction TechnologyAnnouncement

13/12/2024 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20241213:nRSM9267Pa&default-theme=true

RNS Number : 9267P  Auction Technology Group PLC  13 December 2024

13 December 2024

LEI: 213800U8Q9K2XI3WRE39

Auction Technology Group plc

(the "Company" or "ATG")

 

Publication of 2024 Annual Report and Accounts and

Notice of 2025 Annual General Meeting

 

Following the release on 27 November 2024 of its preliminary results for the
year ended 30 September 2024, the Company announces that it is today
publishing its Annual Report and Accounts for the year ended 30 September 2024
("2024 Annual Report") and Notice of the 2025 Annual General Meeting ("AGM").

Copies of the 2024 Annual Report, Notice of AGM and Proxy Form are being made
available to view on the Company's website at
www.auctiontechnologygroup.com/investors/.

Shareholders who elected to receive shareholder information electronically are
being notified that these documents are available on the Company's website.
Hard copies of the documents will be posted in the coming days to shareholders
who have elected to receive shareholder information in hard copy.

As announced on 12 December 2024, Morgan Seigler will resign from the Board of
Directors following completion of the sale of all remaining shares by TA
Associates, Inc., through its sub-funds TA XIII-A L.P., TA XIII-B L.P., TA
Investors XIII L.P., TA Investors IV EU AIV L.P. and TA Subordinated Debt Fund
IV L.P., being 15,337,625 ordinary shares in the Company, at a price of £5.50
per Ordinary Share (the "Sale"). Completion of the Sale is expected to take
place on 20 December 2024. Morgan Seigler will therefore not be standing for
re-election at the AGM and references in the 2024 Annual Report to the
re‑election of all current directors should be read as excluding Morgan
Seigler.

The Company's 2025 AGM will be held at 2:00pm on Thursday 30 January 2025 at
the offices of Travers Smith LLP, 10 Snow Hill, London EC1A 2AL.
Shareholders are invited to attend and participate in the meeting in person or
may refer to the Notice of AGM for details on how to vote on the resolutions
by proxy.  Shareholders will also be able to watch and listen to (but not
vote at) the AGM via a live webcast and should register by emailing
investorrelations@auctiontechnologygroup.com.  Questions regarding the
business of the AGM can be submitted in advance of the AGM to
investorrelations@auctiontechnologygroup.com up to 2:00pm on Tuesday 28
January 2025.

 

Further information

 

In accordance with the Financial Conduct Authority's UK Listing Rule 6.4.1 and
DTRs 4.1.15 and 6.2.2, the 2024 Annual Report has been submitted in the
required structured reporting format to the National Storage Mechanism,
together with the Notice of AGM and Proxy Form. All will shortly be available
for viewing at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

 

In accordance with DTR 6.3.5(1A), the regulated information required by DTRs
4.1 and 6.3.5 is available in full unedited text within the 2024 Annual Report
as uploaded and available on the National Storage Mechanism and the Company's
website, as noted above.

 

This announcement is not a substitute for reading the 2024 Annual Report in
its entirety.

 

About Auction Technology Group plc

Auction Technology Group plc ("ATG") is the operator of world leading
marketplaces and auction services for curated online auctions, seamlessly
connecting bidders from around the world to around 4,000 trusted auction
houses across two major sectors: Industrial & Commercial ("I&C") and
Arts & Antiques ("A&A").  The Group powers eight online marketplaces
and listing sites using its proprietary auction platform technology, hosting
just around 88,000 live and timed auctions each year.  ATG has been
supporting the auction industry since 1971 and the Group has offices in the
UK, US, Germany and Mexico.

 

Enquiries

Teneo Communications (public relations advisor to ATG)

Tom Murray, Matt Low, Arthur Rogers

+44 207 353 4200 ATG@teneo.com

 

ATG

For investor enquiries investorrelations@auctiontechnologygroup.com

For media enquiries press@auctiontechnologygroup.com

Company Secretary cosec@auctiontechnologygroup.com

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  ACSUUVNRSUUUAAA